0001047469-04-024426 Sample Contracts

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Employment Agreement • July 27th, 2004 • Bunge LTD • Fats & oils • New York

EMPLOYMENT AGREEMENT (this "Agreement"), dated as of May 27, 2003, between BUNGE LIMITED, a Bermuda company (the "Company"), and ALBERTO WEISSER (the "Executive").

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BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT —Notice of Nonqualified Stock Option Grant—
Award Agreement • July 27th, 2004 • Bunge LTD • Fats & oils • New York

Effective as of the Date of Grant set forth below, the Participant named below is hereby awarded a nonqualified stock option to purchase the number of Shares set forth below (the "Nonqualified Stock Option") under the Bunge Limited Equity Incentive Plan (the "Plan"), subject to the terms and conditions of the Plan and this Award Agreement (this "Award Agreement"). This Award Agreement consists of this Notice of Nonqualified Stock Option Grant (the "Grant Notice") and the attached Terms and Conditions Applicable to Nonqualified Stock Options (the "Terms and Conditions"). Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.

BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT —Notice of Restricted Stock Unit Grant—
Award Agreement • July 27th, 2004 • Bunge LTD • Fats & oils • New York

Effective as of the Date of Grant set forth below, the Participant named below is hereby awarded an Award of Restricted Stock Units (the "Award") under the Bunge Limited Equity Incentive Plan (the "Plan") covering the number of Restricted Stock Units set forth below, subject to the terms and conditions of the Plan and this Award Agreement (this "Award Agreement"). This Award Agreement consists of this Notice of Restricted Stock Unit Grant (the "Grant Notice") and the attached Terms and Conditions Applicable to Restricted Stock Unit Grants (the "Terms and Conditions"). Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.

BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT —Notice of Performance- Based Restricted Stock Units Grant— Performance Period—Years 2004, 2005 and 2006 Target Operating Profit U.S. $[ ]—[NAME OF BUNGE BUSINESS UNIT]
Award Agreement • July 27th, 2004 • Bunge LTD • Fats & oils • New York

Effective as of the Date of Grant set forth below, the Participant named below is hereby awarded an Award of Performance-Based Restricted Stock Units (the "Award" or "Performance-Based Restricted Stock Units") under the Bunge Limited Equity Incentive Plan (the "Plan") covering the Target Number of Performance-Based Restricted Stock Units set forth below, subject to the terms and conditions of the Plan and this Award Agreement (this "Award Agreement"). This Award Agreement consists of this Notice of Performance-Based Restricted Stock Units Grant (the "Grant Notice") and the attached Terms and Conditions Applicable to Performance-Based Restricted Stock Units. Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.

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